APLD vs. WMT
APLD (Applied Digital Corporation) and WMT (Walmart Inc.) are both stocks. APLD operates in Information Technology Services (Technology), while WMT operates in Discount Stores (Consumer Defensive). Over the past 10 years, APLD returned 125.13%/yr vs 19.77%/yr for WMT. At a 0.05 correlation, their price movements are largely independent.
Performance
APLD vs. WMT - Performance Comparison
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Returns By Period
In the year-to-date period, APLD achieves a 74.14% return, which is significantly higher than WMT's 9.07% return. Over the past 10 years, APLD has outperformed WMT with an annualized return of 125.13%, while WMT has yielded a comparatively lower 19.77% annualized return.
APLD
- 1D
- 2.97%
- 1M
- -8.58%
- YTD
- 74.14%
- 6M
- 53.27%
- 1Y
- 281.93%
- 3Y*
- 69.23%
- 5Y*
- 112.30%
- 10Y*
- 125.13%
WMT
- 1D
- 0.45%
- 1M
- -8.62%
- YTD
- 9.07%
- 6M
- 4.13%
- 1Y
- 29.24%
- 3Y*
- 34.18%
- 5Y*
- 22.42%
- 10Y*
- 19.77%
APLD vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APLD Applied Digital Corporation | 74.14% | 220.94% | 13.35% | 266.30% | -56.09% | 11,789.90% | 389.44% | -34.55% | 64.99% | -33.33% |
WMT Walmart Inc. | 9.07% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
Correlation
The correlation between APLD and WMT is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2008 | 0.05 |
The correlation between APLD and WMT shifts across timeframes, from -0.02 (1 year) to 0.11 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
APLD:
$11.60B
WMT:
$968.20B
APLD:
-$0.72
WMT:
$2.88
APLD:
28.94
WMT:
1.34
APLD:
7.37
WMT:
10.26
APLD:
$390.57M
WMT:
$725.31B
APLD:
$124.93M
WMT:
$181.16B
APLD:
-$154.66M
WMT:
$44.32B
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Return for Risk
APLD vs. WMT — Risk / Return Rank
APLD
WMT
APLD vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and Walmart Inc. (WMT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| APLD | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.05 | ||
| Sortino ratioReturn per unit of downside risk | +1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.23 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.83 | 1.83 | +3.00 |
| Martin ratioReturn relative to average drawdown | 11.72 | 5.82 | +5.89 |
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Drawdowns
APLD vs. WMT - Drawdown Comparison
The maximum APLD drawdown since its inception was -99.73%, which is greater than WMT's maximum drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for APLD and WMT.
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Drawdown Indicators
| APLD | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.73% | -77.14% | -22.59% |
Max Drawdown (1Y)Largest decline over 1 year | -50.31% | -15.75% | -34.56% |
Max Drawdown (3Y)Largest decline over 3 years | -76.66% | -21.93% | -54.73% |
Max Drawdown (5Y)Largest decline over 5 years | -82.61% | -25.74% | -56.87% |
Max Drawdown (10Y)Largest decline over 10 years | -89.80% | -25.74% | -64.06% |
Current DrawdownCurrent decline from peak | -14.00% | -9.81% | -4.19% |
Average DrawdownAverage peak-to-trough decline | -74.86% | -14.63% | -60.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.22% | 4.94% | +16.28% |
Volatility
APLD vs. WMT - Volatility Comparison
Applied Digital Corporation (APLD) has a higher volatility of 33.15% compared to Walmart Inc. (WMT) at 9.86%. This indicates that APLD's price experiences larger fluctuations and is considered to be riskier than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APLD | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.15% | 9.86% | +23.29% |
Volatility (6M)Calculated over the trailing 6-month period | 80.49% | 18.49% | +62.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 107.13% | 23.67% | +83.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 165.20% | 21.68% | +143.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 301.46% | 21.73% | +279.73% |
Dividends
APLD vs. WMT - Dividend Comparison
APLD has not paid dividends to shareholders, while WMT's dividend yield for the trailing twelve months is around 0.80%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APLD Applied Digital Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WMT Walmart Inc. | 0.80% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Financials
APLD vs. WMT - Financials Comparison
This section allows you to compare key financial metrics between Applied Digital Corporation and Walmart Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
APLD vs. WMT - Profitability Comparison
APLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a gross profit of 82.52M and revenue of 161.76M. Therefore, the gross margin over that period was 51.0%.
WMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a gross profit of 44.69B and revenue of 177.75B. Therefore, the gross margin over that period was 25.1%.
APLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported an operating income of -62.13M and revenue of 161.76M, resulting in an operating margin of -38.4%.
WMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported an operating income of 7.49B and revenue of 177.75B, resulting in an operating margin of 4.2%.
APLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a net income of -104.11M and revenue of 161.76M, resulting in a net margin of -64.4%.
WMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a net income of 5.65B and revenue of 177.75B, resulting in a net margin of 3.2%.
Frequently Asked Questions
APLD and WMT have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APLD has higher volatility (33.15%) compared to WMT (9.86%). In terms of maximum drawdown, APLD dropped -99.73% vs WMT's -77.14%.
APLD currently has the higher Sharpe Ratio (2.27 vs 1.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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